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Afreximbank does more for African energy champions: Closes US$1.75bn syndicated deal for Angola’s national oil company
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Afreximbank does more for African energy champions: Closes US$1.75bn syndicated deal for Angola’s national oil company
African Export-Import Bank (Afreximbank) has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The strategic financing will support Sonangol’s projected operating and capital expenditure requirements, while advancing Afreximbank’s mandate to promote African-led financing models that support growth, industrialisation, economic self-reliance, and sovereignty. Afreximbank pla…
·Accra, Ghana
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